Huge Group Balance Sheet Health
Financial Health criteria checks 2/6
Huge Group has a total shareholder equity of ZAR1.7B and total debt of ZAR166.5M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are ZAR1.8B and ZAR186.5M respectively.
Key information
10.0%
Debt to equity ratio
R166.49m
Debt
Interest coverage ratio | n/a |
Cash | R1.37m |
Equity | R1.66b |
Total liabilities | R186.49m |
Total assets | R1.84b |
Recent financial health updates
Does Huge Group (JSE:HUG) Have A Healthy Balance Sheet?
Jun 05Is Huge Group (JSE:HUG) Using Too Much Debt?
Jul 13Huge Group (JSE:HUG) Takes On Some Risk With Its Use Of Debt
Dec 09Recent updates
Does Huge Group (JSE:HUG) Have A Healthy Balance Sheet?
Jun 05Huge Group's (JSE:HUG) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Jul 22Is Huge Group (JSE:HUG) Using Too Much Debt?
Jul 13If You Had Bought Huge Group (JSE:HUG) Shares Five Years Ago You'd Have Earned 35% Returns
Feb 01Do Its Financials Have Any Role To Play In Driving Huge Group Limited's (JSE:HUG) Stock Up Recently?
Jan 05Huge Group (JSE:HUG) Takes On Some Risk With Its Use Of Debt
Dec 09Financial Position Analysis
Short Term Liabilities: HUG's short term assets (ZAR13.5M) do not cover its short term liabilities (ZAR49.1M).
Long Term Liabilities: HUG's short term assets (ZAR13.5M) do not cover its long term liabilities (ZAR137.4M).
Debt to Equity History and Analysis
Debt Level: HUG's net debt to equity ratio (10%) is considered satisfactory.
Reducing Debt: HUG's debt to equity ratio has reduced from 16.6% to 10% over the past 5 years.
Debt Coverage: HUG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HUG's interest payments on its debt are well covered by EBIT.